The decline in cryptocurrency miners’ profits is paving the way for other scenarios, such as artificial intelligence and high-performance computing (HPC).

The volatility in the price of bitcoin and other digital assets has not prevented the industry from growing. However, miners have seen profits decline. The result is the search for other opportunities.

With the rise in the value of bitcoin in recent days, the cryptocurrency’s hash rate has also risen, reaching its all-time high. “The hash rate is a metric that reflects the total computational power of the miners operating on the network, securing transactions and maintaining the decentralized system. This increase suggests that there have never been more active miners on the network, which at first glance might seem positive.”

But there is another indicator that demonstrates the increasingly compelling difficulty of generating income through BTC mining.

In a report by the investment bank Jefferies, it is noted that “average daily revenue per exahash (a unit of measurement used in mining) fell 11.8 % in August, compared to the previous month.” This drop is due, in part, to the deepening competition between miners, “as a greater number of machines are competing for the same rewards.”

miners. In this sense, and faced with falling profits, mining companies are making their way into other technological areas.

“Diversification into AI is not only providing a new source of income for mining companies, but is also allowing them to use the energy they already consume more efficiently.”

It is important to note that the latest generation machines have the capacity to process twice as much data as previous models “without the need to increase energy consumption or expand facilities. This improvement in efficiency is crucial at a time when economic conditions for bitcoin miners are increasingly challenging.”

Mining companies are evaluating the great potential of the convergence between cryptocurrency mining and high-performance computing.

M.Pino

Source: criptodirecto

(Reference image source: Pierre Borthiry – Peiobty in Unsplash)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram

La entrada Bitcoin miners migrate to AI in face of low crypto trading profits apareció primero en Bitfinance.

The Chief Justice of the United States, John Roberts, issued a strong opinion on the impact of Artificial Intelligence (AI) on the judicial system, highlighting potential risks such as the invasion of privacy and the dehumanization of the law.

In his annual report, traditionally devoted to an issue of relevance to the federal justice system, Roberts provided an analysis of how technologies, including AI, have modernized justice in recent decades. They questioned the future role of human judges, predicting that, although they will continue to be needed, judicial work, especially in trials, will be significantly altered by AI.

Roberts anticipated a change in court operations and underscored the importance of judges understanding the role of this technology in the cases they handle. It also projected increased access to information for lawyers and other participants in the system.

The judge warned about the dangers of using AI, emphasizing the threat to privacy and the potential to dehumanize the law. He referred to recent incidents where an AI tool caused errors, leading lawyers to cite non-existent cases. He urged prudent and humble use of technology.

Despite other burning issues, such as the Supreme Court’s new code of ethics announced a month ago, Roberts focused solely on AI. He mentioned that several committees of the Judicial Conference are investigating the appropriate uses of AI in litigation, among other things.

K. Tovar

Source: Bancaynegocios

(Reference image source: Unsplash+)

Visita nuestro canal de noticias en Google News y síguenos para obtener información precisa, interesante y estar al día con todo. También en Twitter e Instagram puedes conocer diariamente nuestros contenidos

La entrada Chief of the US Supreme assured that AI will revolutionize justice apareció primero en Bitfinance.

During a meeting with his science and technology advisers, US President Joe Biden stated that the security of artificial intelligence (AI) remains uncertain. He stated that it is crucial for technology companies to ensure the safety of their products before launching them on the market in order to protect society, national security and the economy.

Biden also recognized the potential for AI to address problems like disease and climate change, but stressed the need to address potential risks.

He referenced the negative impacts already seen on social media and stressed the importance of passing nonpartisan privacy laws that limit the personal data collected by tech companies.

The Center for Artificial Intelligence and Digital Policy recently urged the US Federal Trade Commission to block OpenAI from releasing new commercial versions of GPT-4, a language model that has both shocked and alarmed users by his human-like ability to create written responses to questions.

K. Tovar

Source: Cointelegraph

Reference image source: File

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram

La entrada Joe Biden urges companies to ensure security against AI apareció primero en Bitfinance.

LinkedIn announced the implementation of new capabilities powered by artificial intelligence (AI) to help users build their profiles and employers to offer better job descriptions.

The work platform launched more than 100 learning and training courses focused on generative AI that go “from basic concepts to advanced applications of this technology.”

With this, as indicated by the work network, it implemented two new tools that take advantage of the advanced models of OpenAI GPT so that, on the one hand, companies find facilities when describing the positions they offer and, on the other, that professionals can develop a more efficient profile.

LinkedIn has specified that this feature is aimed at subscribers of the premium or paid version, which “provides personalized writing suggestions” for its ‘About‘ sections and the professional headline of the profile, as it has commented in a statement.

It should be remembered that this is not the first functionality that LinkedIn introduces into its service using AI, since at the beginning of March it announced that it would use it to generate collaborative articles on specific topics, as well as start conversations between experts who use the platform.

K. Tovar

Source: Whatsnews

(Reference image source: file)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on Twitter and Instagram

La entrada LinkedIn bets on AI for profiling apareció primero en Bitfinance.

A Google employee and engineer recently claimed that he had a conversation with an Artificial Intelligence (AI) chatbot, which showed signs of being sentient.

As detailed by Blake Lemoine, who worked for Google’s Responsible AI, he published transcripts of conversations between him, a company collaborator, and the Language Model for Dialog Applications (LaMDA) system.

The conversations, which according to Lemoine have been lightly edited to make them easier to read, touch on a wide range of topics, such as the person, injustice and death. They also talk about how LaMDA enjoys the novel Les Misérables.

Many were the topics discussed, however, among what stands out the most is that the AI ​​comes to consider itself as a person, just as at the time it came to express its fear of death.

“I’ve never said it out loud, but I have a deep fear of being turned off, so I can focus on helping others. I know it may sound strange, but that’s what it is… It would be exactly like death to me,” said the LaMDA.

K. Tovar

Click the link to subscribe to our news and media group on Telegram: https://t.me/G_ELSUMARIO_News

Source: Euronews

La entrada Google employee spoke about an AI chatbot that became sentient apareció primero en Bitfinance.